Centerbridge Partners Lends $210M on Orange County, Calif., Condos Repositioning

Centerbridge Partners Lends $210M on Orange County Condos Repositioning

Developer Crescent Heights has sealed a 210 million condominium inventory loan for the transformation of a newly acquired former multifamily property in Santa Ana, Calif., into Orange County’s tallest residential complex, Commercial Observer has learned. Centerbridge Partners supplied the loan for Skyline OC featuring 349 for-sale condos across two 25-story towers. Crescent Heights acquired the []

California city erupts as invasive plans would see new homes pop-up on their actual doorsteps

San Diego is forging ahead with plans for a sprawling new community featuring more than 5,100 affordable homes — despite fierce pushback from private landowners who warn the rezoning could slash the value of their property. The massive Southwest Village development in Otay Mesa will span nearly 490 acres, most of it city-owned, and be []

Laser Power & Infra opens today at ₹203-214

Market lot fixed at 70 shares; proceeds to be used to repay 600 crore debt; brokers largely recommend subscribe for long term

North Rock Real Estate Acquires Rochester Crossings Commercial Center For $8.98M

North Rock Real Estate, operating under the corporate name Rochester Crossings LLC, purchased the Rochester Crossings commercial center at 3780 Marketplace Drive NW in northwest Rochester on June 11. The firm and a group of investors paid 8.98 million for the 23-year-old, 10-unit retail complex, which Olmsted County valued at 7.12 million for the 2026-2027 [] The post North Rock Real Estate Acquires Rochester Crossings Commercial Center For 8.98M appeared first on Foreign Policy Journal.

PFC, REC seek to help centre retain majority at low cost

Power Finance Corp and REC are finalizing a merger plan to help the government maintain its majority stake cost-effectively. Two primary options are being considered: issuing preference shares at 10 each, requiring an estimated 800 crore outlay, or subscribing to non-tradable bonds worth around 24,000 crore. Advisors favor the preference share route, deeming it less expensive than the recurring interest costs of bonds.

Joint property tenant eviction by one co-owner

Joint property tenant eviction by one co-owner

Home BancShares: High Quality, Growing, And Still Worth Buying

Home BancShares: High Quality, Growing, And Still Worth Buying

Landlord loses UES grocery condo to foreclosure

Despite grocery-anchored retail properties’ increasing popularity, some owners are still losing buildings to lenders. Through an affiliate, lender MetLife took back the keys at 188 East 64th Street on the Upper East Side through a deed in lieu of foreclosure, Crain’s reported. Real estate firm Gateside Corporation gave up both two units in the deal, a commercial condominium and a parking garage. The deal valued the two units — located at The Royale luxury condo complex — at 44.1 million. The property is also addressed at 1066 Third Avenue. It’s unclear what sparked the foreclosure proceedings; MetLife declined to comment []This article originally appeared on The Real Deal. Click here to read the full story.

Here's How Many Shares of Realty Income Stock You'd Need to Make $500 in Yearly Dividends

This top dividend stock is a solid real estate play.

See the Latest List of Properties 50 Cent Has Purchased in Shreveport

See the Latest List of Properties 50 Cent Has Purchased in Shreveport

Comfortable, affordable living brings new home buyers to Breslau

Madison Group sees great potential for would be home buyers interested in snagging a single, detached home from the 600,000s at its new community in Breslau..

‘It happened slowly...': Indian couple’s American Dream turns into ₹8.4 crore debt

They also had a kitchen renovation loan of 150,000 (approximately Rs 1.5 crore) and 30,000 (around Rs 30 lakh) in credit card debt.

EPR Properties SVP, general counsel Turvey sells $372,480 in shares

EPR Properties SVP, general counsel Turvey sells $372,480 in shares

Florida Supreme Court Deals Final Blow To Resident Fighting Neighborhood’s $21M Golf Club Upgrade

The Florida Supreme Court on Thursday finalized a legal battle over a neighborhood country club, ruling that the University Park Recreation District (UPRD) can legally issue 21 million in new bonds to upgrade its local recreational facilities. Justice Renatha Francis wrote the unanimous opinion, which clears the path for a series of capital improvements inside [] Florida Supreme Court Deals Final Blow To Resident Fighting Neighborhood’s 21M Golf Club Upgrade

Your ETF of the Moment: Winning Big With ‘Trump Accounts’

They are reshaping stock ownership, and one exchange-traded fund in particular stands to benefit handsomely.

Is refinancing your auto loan worth it?

Is refinancing your auto loan worth it?

Moving forward with debt sale, Chicago taps Bank of America as facilitator – City Bureau

The deal with the San Francisco-based bank is one step forward in the city’s plan to sell at least 1 billion worth of vehicular debt such as unpaid parking, speeding and red light camera tickets, in hopes of earning no less than 89.6 million. That’s roughly 9 cents on the dollar.

Alec and Hilaria Baldwin first listed their Hamptons home for $29 million, cut it to $18.99 million, and have now pulled it from the market again after years of trying to sell

Alec and Hilaria Baldwin have again removed their Hamptons home from the market. The property was recently relisted at a reduced price of 18.99 million. This marks several attempts over the past few years to sell the Amagansett residence. The family cited their children's attachment and plans for a new adventure. They will now divide summers between Spain and their Hamptons property.

‘Buyers got a great deal’: Upper north shore house sells for $2.5m

A couple paid 50,000 over the guide for this freestanding four-bedroom home with pool at auction. The agent said it would have sold for more if offered last year.

Bipartisan housing bill barring large investors from buying single-family homes is heading to Trump's desk

The 21st Century ROAD to Housing Act would limit large investors owning 350 or more homes from buying additional single-family properties

Fashion Icon’s Old Estate on Market for Record-Breaking Sum

Raymond Hall / GC ImagesThe former New York mansion estate of fashion icon Calvin Klein is on the market for an eye-watering 165 million. Were it to fetch its staggering asking price, it would eclipse the previous record set for a property sale in the Hamptons. Klein sold the plush seven-bedroom, 9,000-square-foot main house along with the corresponding estate for 85 million back in 2021, and its current owner has since carried out a major renovation that has helped its price balloon. If they can shift it, it will become the most expensive pad in the coveted area, surpassing the 137 million sale in 2014 of an East Hampton property to hedge fund goliath Barry Rosenstein. The former Klein house was built for famed attorney Henry A. James, the Daily Mail reports. It comes with views of the Atlantic Ocean and Georgica Pond. “We generally don’t get properties with this type of acreage and an additional buildable oceanfront lot, Ed Petrie, of real estate firm Compass, told the Mail. “That’s part of the reason for the price tag.”Read it at The Daily MailRead more at The Daily Beast.